ZB Homes Opens New Show Home Amid Construction Slowdown
In a bold move amid a softer building market, ZB Homes has opened its latest show home at Abergeldie Estate, timed to meet renewed demand for well-priced new-build homes in Cambridge.
After a period of declining construction activity, market conditions are shifting in favour of buyers. Lower rates have improved affordability, with current repayments on a $1.1m home now similar to those on a $850,000 home two years ago. It’s a shift that many investors are recognising, and it’s also bringing new builds within reach of more buyers.
“Today’s rates allow buyers to get more for their money and that makes a big difference.” says Kirsten Chisholm, General Manager of ZB Homes.
Cambridge sits within the North Island’s “Golden Triangle” and is forecast to see sustained demand for housing. Waipā ...